Tuesday, January 18, 2011

ObamaCare's Ticking Time Bomb

In the 1/16/2011 Washington Examiner, Tim Carney explains that the future costs of ObamaCare are the ticking time bomb.

As with the Massachusetts plan, supporters' first priority was to expand coverage -- and control costs later.

And if the recent history of other states (such as MA and TN) are a guide, when the bills for ObamaCare come due to the federal government, they will (1) attempt to shift the blame onto "greedy" insurance companies and (2) start imposing price controls.

The end result will be a collapse of the mixed partially-private-partially-socialized system, and a full government takeover of American health care.

(Read the full text of, "Tick, tick, tick: The cost of Obamacare is a time bomb". Link via @TOSjournal.)